#Bitcoin
You can sell everything here, OR you can just look at the history of $BTC and realise that we're at a point that's pretty exciting.
Weekly Stoch RSI also turns round. An extremely helpful signal in a bull market.ππ₯
Stop for a second and look at the chart!
Buying alts now = buying $BTC at $30k.
Alts should soon go parabolic.
$5k portfolio now = $250k+ by 2025.
Here're 10 plays I'm accumulating rn π§΅π
#BTC (Video)
Just an update video from yesterday.
I am going out of town Thursday for business so I wanted to make sure everyone knows the framework on the charts.
This is a time to be patient and make sure you are not over-trading! (Please like and re-post)
What a time to be alive.
BTC at $1m will happen easily in the next 10 years. Follow on impacts will be long lasting...
- BTC becomes a reserve currency
- a purge of central bank corruption
- wars become expensive
- younger leadership building for a future they will live in
#BTC
In the 2015-2017 cycle, Bitcoin peaked 518 days after the Halving
In the 2019-2021 cycle, Bitcoin peaked 546 days after the Halving
If history repeats and the next Bull Market peak occurs 518-546 days after the Halving...
That would mean Bitcoin could peak in this cycle in mid-September or mid-October 2025
Currently, Bitcoin is accelerating in this cycle by approximately 210 days
So the longer Bitcoin consolidates after the Halving, the better it will be for resynchronising this current cycle with the traditional Halving cycle
$BTC #Bitcoin #BitcoinHalving
Bitcoin -- the trade of a lifetime
There has never been and never again will be another asset like Bitcoin $BTC
Here is the perspective from my 50-year career as a professional trader
https://t.co/fyHrGRRHLo
58K is the 0.38 real retracement of the recent move as commensurate with the previous.
Effectively hit now. Let's see if it holds. If not, could be in for a larger #btc correction down to 48K odd.
On track for $1m per BTC as "fair value" by 2035.
That's if we take the user growth curve as a guide for valuation. Remember I said fair value and not peak value in bull market hype.
- In the early days price was slow to catch up to user count, BTC didn't even have a price until the 1000th user came in. Thanks to the blockchain we have a high resolution view of users using forensic clustering of addresses into entities.
- Price discovery started with early markets like New Liberty Standard and MtGox. By Aug 2011 Bitstamp launched and we had multiple global exchanges to properly price the asset. [shaded region]
- After 2012 price pretty much oscillated around the increasing user count.
@BobbyATLGA Yes, from there last cycle deviated from the 2017 fractal and marked a 2nd top about 7 months later - which would take us to July 2025. Just speculation, the fractal can be invalidated anytime.